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CALGARY, AB, Jan. 27, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced its fourth-quarter results, including revenues of $2.01 billion, a record-low operating ratio ( OR ) of 53.9 percent, diluted earnings per share ( EPS ) of $5.95 and record adjusted diluted EPS of $5.06.
Fourth-quarter 2020 highlights
OR improved by 310 basis points (bps) to 53.9 percent
Diluted EPS improved 23 percent to $5.95, from $4.82 in Q4 2019, while adjusted diluted EPS rose 6 percent to record $5.06, from $4.77 in Q4 2019
With a foundation of strong operational performance and a commitment to controlling what we can, the team continues to deliver, said Keith Creel, CP President and CEO. Despite the continued COVID-19 impacts, volumes steadily improved over the second half of 2020 and we saw revenue ton mile ( RTM ) growth in the fourth quarter. ....

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